Announcement Date: 2022-03-09
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Auroch Minerals Ltd.
Project name: Saints
Location: Australia
Commodities: Palladium,Platinum,Copper,Nickel
Highlight: Drilling results incl. 4.79m @ 2.05% Ni, 0.16% Cu, 0.36g/t from 311.98m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that high-grade nickel sulphides have been intersected in drill-hole SNDD018 at the Saint Andrews deposit of the Saints Nickel Project (Saints; Auroch Minerals 100%) in Western Australia, with results returning a total of 6.92m @ 2.42% Ni, 0.17% Cu & 0.63 g/t PGE (Pt + Pd) and individual samples grading up to 8.8% Ni. 1 SNDD018 was the deepest hole drilled into Saint Andrews deposit in the current infill programme (Figures 1 & 2). The drill-hole intersected massive nickel sulphides in two zones, both in the upper hanging-wall zone and in the lower zone just above the basal contact. In the upper mineralised zone SNDD018 intersected 2.13m @ 3.26% Ni, 0.19% Cu & 1.24g/t PGE (Pt + Pd) from 167.99m, including 0.31m @ 8.83% Ni, 0.44% Cu & 2.91g/t PGE (Pt + Pd) from 169.81m. The drill-hole intersected the upper mineralised zone close to the expected depth from the existing geological and resource models. Importantly, assays are pending for several mineralised samples immediately above this intersection, which could further increase the width of this upper mineralised zone.
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